SoftBank Invests $2B in Intel, Secures 2% Stake Amid Turnaround
Tuesday, 19 August 2025 () SoftBank is investing $2 billion in Intel, acquiring a 2% stake at $23 per share to become a top-10 shareholder. This supports the struggling U.S. chipmaker amid manufacturing setbacks, competition, and a $2.9 billion quarterly loss, aligning with SoftBank's AI ambitions and U.S. efforts to revitalize domestic production. The deal signals confidence in Intel's turnaround.
In this article: Key Points - SoftBank will invest $2 billion at $23 per share, becoming Intelβs fifth-largest holder with a roughly 2% stake. - This backing... Upworthy
Tuesday, 19 August 2025 ()
